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Jun 21, 2013
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ben bernanke says he expects unemployment to fall and the economy to grow through the next year. so while the markets might experience short-term volatility, experts say it's a by-product of a brighter economic future. >> we love this. this is what we live for when you have this kind of volatility. this is a dream for us. that's why you're in the business. >> reporter: this is when you make your money? >> exactly. >> reporter: the dow is still up about 12% since the beginning of the year, so many investors are looking at the developoff as an opportunity to buy stocks at -- are looking at this sell-off as an opportunity to buy stocks at a discount. ashley morrison kpix 5. >>> facebook has revealed a new feature for instagram, its photo sharing app. instagram video allows users to share videos up to 15 seconds in length. it competes with twitter's vine app which also allows users to share video clips. and yahoo now officially owns the online blogging forum tumblr. the internet giant completed its $1.1 billion acquisition of the company. they hope tumblr will bring in more advertisi
ben bernanke says he expects unemployment to fall and the economy to grow through the next year. so while the markets might experience short-term volatility, experts say it's a by-product of a brighter economic future. >> we love this. this is what we live for when you have this kind of volatility. this is a dream for us. that's why you're in the business. >> reporter: this is when you make your money? >> exactly. >> reporter: the dow is still up about 12% since the...
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Jun 22, 2013
06/13
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there are 155 food pantries in san francisco feeding the hungry and a growing illegal economy. kpix 5's ryan takeo takes a look at the underground food market. >> reporter: just steps away from the civic center in the shadows of the bustling heart of the city farmer's market is a different type of market altogether. >> come on, man. come on, man. >> reporter: we found a booming economy in underground food markets where you cannot beat the deals. >> how much? >> one dollar. >> a dollar for three? >> reporter: the sellers are feisty. [ yelling ] >> reporter: sometimes the struggle of the tenderloin neighborhood shows up too. >> give me all my money! >> reporter: but this story is more about where these sellers get at least some of their inventory. some of it comes from the san francisco food bank warehouse. >> we're aware that there are a few people who are selling food some of it we know comes from the food bank. >> reporter: how do you know that? >> we can see from the type of food that it is. some of it actually has our name on it. the food that we repackage has our name on it
there are 155 food pantries in san francisco feeding the hungry and a growing illegal economy. kpix 5's ryan takeo takes a look at the underground food market. >> reporter: just steps away from the civic center in the shadows of the bustling heart of the city farmer's market is a different type of market altogether. >> come on, man. come on, man. >> reporter: we found a booming economy in underground food markets where you cannot beat the deals. >> how much? >> one...
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Jun 15, 2013
06/13
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new at 6:00 we asked len ramirez if the silicon valley economy is humming, why so many layoffs? len? >> reporter: well, for some companies, it's humming along. for symantec, unfortunately, it is not. symantec officials are not officially commenting on the number of layoffs but it is expected to be very significant. and when a company this size does something like that, it has definite ripple effects throughout the local economy. it is one of the biggest and most well known companies in silicon valley. >> symantec. >> reporter: a coffee roasting manager knows many of symantec's 21,000 workers as regulars and friends. >> hey, how's it going? >> reporter: her shop is just two blocks from the sprawling symantec campus and takes in about 10% of its sales from symantec catering orders and walk-ins. >> to 7:30 it's like line out the door sometimes both ways. >> reporter: now she is afraid the lines and the business will begin disappearing. symantec is in the middle of a companywide transformation and reorganization that will reportedly cut 1700 jobs, potentially one of the big job uphe
new at 6:00 we asked len ramirez if the silicon valley economy is humming, why so many layoffs? len? >> reporter: well, for some companies, it's humming along. for symantec, unfortunately, it is not. symantec officials are not officially commenting on the number of layoffs but it is expected to be very significant. and when a company this size does something like that, it has definite ripple effects throughout the local economy. it is one of the biggest and most well known companies in...
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Jun 20, 2013
06/13
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that stimulus program pushed the stock market to all-time highs but bernanke says the economy is looking up and predicts unemployment will drop to 7% so he says that stimulus might not be needed anymore. >>> best buy is recalling replacement batteries for the macbook pro laptop. the battery can apparently catch fire. so far, there have been more than a dozen reports of this happening. one person suffered a serious burn on the leg. the atg lithium ion batteries were sold between 2008 and 2012. >>> a major donut chain is about to roll out gluten-free products. dunkin' donuts says it plans to offer them in cinnamon sugar and blueberry muffins by the end of the year. about 1% of americans have celiac disease. even small amounts of gluten can prompt severe discomfort so now they can have donuts. >>> key players are saying little about the firing of men's warehouse founder and pitchman george zimmer. >> you'll like the way you look, i guarantee it. >> we have seen those ads for years. the corporate chain with offices in fremont made a statement yesterday. they haven't said why they fired the e
that stimulus program pushed the stock market to all-time highs but bernanke says the economy is looking up and predicts unemployment will drop to 7% so he says that stimulus might not be needed anymore. >>> best buy is recalling replacement batteries for the macbook pro laptop. the battery can apparently catch fire. so far, there have been more than a dozen reports of this happening. one person suffered a serious burn on the leg. the atg lithium ion batteries were sold between 2008...
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Jun 18, 2013
06/13
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tomorrow the fed chief will talk about the economy. the markets have been in upheaval for the past 3.5 weeks after ben bernanke told congress the fed might soon scale back its efforts to keep interest rates low. >>> well, if you have money on your mind, your morals might slip. that's what researchers at harvard and the university of utah found. they got people to think subconsciously about cash by showing them pictures of money and they say those people were more likely to act in unethical ways like stealing from work or trying to get insider information. >> money makes people greedy. guess that's what happens when people win the lottery. they say it's the worst thing that can happen. >> they usually blow right through it very quickly. >>> time now 4:50. coming up a stinky situation at o.co. how a sewage problem could push the as out of oakland. >> plus, having a bad hair day? the unlikely culprit in your bathroom. >> and pint-sized protectio . the ebay auction that's now gone viral. ,, at farmers we make you smarter about insurance, b
tomorrow the fed chief will talk about the economy. the markets have been in upheaval for the past 3.5 weeks after ben bernanke told congress the fed might soon scale back its efforts to keep interest rates low. >>> well, if you have money on your mind, your morals might slip. that's what researchers at harvard and the university of utah found. they got people to think subconsciously about cash by showing them pictures of money and they say those people were more likely to act in...
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Jun 20, 2013
06/13
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after a two-day policy meeting wednesday the fed updated the outlook for the economy and bernanke said that's why the fed will most likely slow down its stimulus program. >> the committee currently anticipates it would be appropriate to moderate the monthly purchases later this year and if the subsequent data remain broadly aligned with current expectations for the economy, we would continue to dries the pace of purchases in measured steps through the first half of next year, ending purchases around mid-year. >> bernanke also expects the unemployment rate to fall to 6.8% by the end of 2014. on wall street bernanke's words spooked investors. the dow dropped 206 points and the nasdaq fell 31 points. >>> tokyo's nikkei dropped nearly 2%. hong kong's hang seng lost nearly 3%. >>> well, the irs is caught in another controversy. the agency says it's has to pay $70 million in union bonuses. some republicans want the irs to follow a white house directive and cancel them. in april the obama administration ordered all agencies to stop handing out bonuses bought of automatic spending cuts. >> and
after a two-day policy meeting wednesday the fed updated the outlook for the economy and bernanke said that's why the fed will most likely slow down its stimulus program. >> the committee currently anticipates it would be appropriate to moderate the monthly purchases later this year and if the subsequent data remain broadly aligned with current expectations for the economy, we would continue to dries the pace of purchases in measured steps through the first half of next year, ending...
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Jun 21, 2013
06/13
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plus, how the dow's plunge could be a good sign for the economy. >>> new overnight. word of a near miss in the skies above new york city. how two jets almost collided in midair. >> the incredible story of a deaf boy hearing for the first time. inside a medical breakthrough. >>> and the miami heat go back to back, repeating as nba champs. >>> but we begin this morning with a look at today's eye opener. your world in 90 seconds. >> people in hedging t
plus, how the dow's plunge could be a good sign for the economy. >>> new overnight. word of a near miss in the skies above new york city. how two jets almost collided in midair. >> the incredible story of a deaf boy hearing for the first time. inside a medical breakthrough. >>> and the miami heat go back to back, repeating as nba champs. >>> but we begin this morning with a look at today's eye opener. your world in 90 seconds. >> people in hedging t
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Jun 19, 2013
06/13
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they're looking for an update on the state of the economy, and they want clarity about whether the fed will continue to keep interest rates low. >>> asian stocks were mixed ahead of word from the feds. tokyo's nikkei added nearly 2% while hong kong's hang seng dipped 1%. >>> and wall street still believes the central bank will continue the stimulus program. tuesday the dow jumped 138 poichblts to close at 15,318 while the nasdaq rose 30 points. >>> two weeks ago the car company defied the federal regulators and refused to recall 3 million jeeps. the feds said the fuel tanks could rupture and cause fires in rear end collisions. now chrysler says they will recall a million and a half 2002 through 2007 jeep liberties and grand cherokees made from 1993 to 1998. >>> well, new yorkers won't have to worry about charging their dying cell phones. the city along with at&t will put up 25 solar powered charging stations. the program begins next week and it will be free. the stations can recharge up to six devices at a time, but after 30 phones get juiced, these solar batteries will need to be rech
they're looking for an update on the state of the economy, and they want clarity about whether the fed will continue to keep interest rates low. >>> asian stocks were mixed ahead of word from the feds. tokyo's nikkei added nearly 2% while hong kong's hang seng dipped 1%. >>> and wall street still believes the central bank will continue the stimulus program. tuesday the dow jumped 138 poichblts to close at 15,318 while the nasdaq rose 30 points. >>> two weeks ago the...
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Jun 20, 2013
06/13
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uc is now enthusiastically taking a lead role, but the economy and sequestration have done a number on the funding delaying plans. so is the 2018 opening date realistic? >> i think that's a reasonable target date but i guess i would make that a pretty soft date. >> reporter: but nothing worthwhile is easy. this is a vote of confidence in richmond's future and just as important, the children. there are plans to expand the university and lab's involvement in the schools. so one day, richmond's children can aspire to be the scientists at this site. >> they will now have something that represents more of the future than their proud past and we're very proud to be part of that. >> reporter: there will be a community meeting tomorrow so that the lab at the university can tell the public their long range plans and the public can weigh in. we are expected to hear some concerns about traffic in the surrounding area. but allen, unlike many, many projects throughout the in the past, here, people -- throughout the bay area in the past, here people want to see it done and are working together. >> t
uc is now enthusiastically taking a lead role, but the economy and sequestration have done a number on the funding delaying plans. so is the 2018 opening date realistic? >> i think that's a reasonable target date but i guess i would make that a pretty soft date. >> reporter: but nothing worthwhile is easy. this is a vote of confidence in richmond's future and just as important, the children. there are plans to expand the university and lab's involvement in the schools. so one day,...
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Jun 18, 2013
06/13
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and then tomorrow, fed chief ben bernanke will talk about the economy. investors are hoping he'll clarify what he said last month about the fed possibly dialing back it's bond buying program. >>> ahead of that federal reserve meeting, tokyo's nikkei lost a quarter percent while hong kong's hang seng was mostly flat. >>> on monday, investors guessed the central bank will prop up the economy. so the markets went up. the dow climbed 109 points, while the nasdaq rose 28 points. >>> standard & poor's lowered ford motors stock from buy to hold. the market index claimed ford's losses in europe which are expected to reach $2 billion this year. but s&p did say pickup sales in the u.s. should help the automakers see strong profits. >>> a big coup for netflix. starting next year, they'll be joining forces with dreamworks. the agreement is said to include 300 hours of new tv episodes. financial details have not been released but it's expected to be worth several hundred million dollars. the deal will help netflix compete with premium channels like hbo and showtime.
and then tomorrow, fed chief ben bernanke will talk about the economy. investors are hoping he'll clarify what he said last month about the fed possibly dialing back it's bond buying program. >>> ahead of that federal reserve meeting, tokyo's nikkei lost a quarter percent while hong kong's hang seng was mostly flat. >>> on monday, investors guessed the central bank will prop up the economy. so the markets went up. the dow climbed 109 points, while the nasdaq rose 28 points....
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Jun 18, 2013
06/13
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now that the economy is improving, there could be more marriages in the next two years. a virginia company says that is because couples feel more secure about their financial future >>> the world's most definitive dictionary oxford english dictionary says tweet is a word. they define it as to make a posting on the social networking service twitter. also, to use twitter regularly or habit actually. one of 1200 new words. another term dad dancing. an awkward, unfashionable or unrestrained style of dancing performed by a middle-aged or older man. i took the liberty of calling mel them this morning because they know your dance moves. i have also seen you on ban cat. >> it reminds me of mom jeans. that's dressing in mom jeans. >> dad dancing is a term. >> i can also dance backwards. >> he is a man of many >>> millions of americans believe in >>> millions of americans believe in alternative medicine. a leading doctor says this. we are wasting money and we may be damaging our health. we'll talk to him next on "cbs this morning." >> announcer: this morning's "eye opener" at 8:00
now that the economy is improving, there could be more marriages in the next two years. a virginia company says that is because couples feel more secure about their financial future >>> the world's most definitive dictionary oxford english dictionary says tweet is a word. they define it as to make a posting on the social networking service twitter. also, to use twitter regularly or habit actually. one of 1200 new words. another term dad dancing. an awkward, unfashionable or...
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Jun 20, 2013
06/13
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that depends on the economy doing well enough for the fed to do that. and stocks sold off big time dow down over 200 and overseas markets selling off, gold selling off. the 10-year note up about 2.4% a year and a half high. expect mortgage rates to head higher. mortgage rates are tied to the 10 area note. they have been on the rise of late. freddie mark reports this morning. as far as the economy is concerned a number of reports on that again today and the labor department says first time weekly unemployment claims rose to 354,000 within the range of job growth. if the economy is stumbling along, that is going to force the fed to continue its current quantitative easing plan. it's a perverse way of looking at things. it's a rough start today. dow down 134. nasdaq down 31. s&p lower by 14. michelle and brian, back to you. >> thank you, jason brooks. >>> the key players are still say very little bit ousting of men's warehouse founder and pitchman george zimmer. >> you're going to like the way you look, i guarantee it. >> the clothing chain which has corpo
that depends on the economy doing well enough for the fed to do that. and stocks sold off big time dow down over 200 and overseas markets selling off, gold selling off. the 10-year note up about 2.4% a year and a half high. expect mortgage rates to head higher. mortgage rates are tied to the 10 area note. they have been on the rise of late. freddie mark reports this morning. as far as the economy is concerned a number of reports on that again today and the labor department says first time...
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Jun 22, 2013
06/13
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. >> reporter: we found a booming economy in underground food markets where you cannot beat the deals. >> how much? >> one dollar. >> a dollar for three? >> reporter: the sellers are feisty. [ yelling ] >> reporter: sometimes the struggle of the tenderloin neighborhood shows up too. >> give me all my money! >> reporter: but this story is more about where these sellers get at least some of their inventory. some of it comes from the san francisco food bank warehouse. >> we're aware that there are a few people who are selling food some of it we know comes from the food bank. >> reporter: how do you know that? >> we can see from the type of food that it is. some of it actually has our name on it. the food that we repackage has our name on it. >> reporter: we showed the executive director one of the food bank's products packaged here like this some clearly marked, not for resale. >> what's your reaction to that? >> well, it's never okay to sell food that comes from the food bank. it's not our donors' intent. it's against our policy and we make it abundy andly clear to people who come to ou
. >> reporter: we found a booming economy in underground food markets where you cannot beat the deals. >> how much? >> one dollar. >> a dollar for three? >> reporter: the sellers are feisty. [ yelling ] >> reporter: sometimes the struggle of the tenderloin neighborhood shows up too. >> give me all my money! >> reporter: but this story is more about where these sellers get at least some of their inventory. some of it comes from the san francisco...
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Jun 15, 2013
06/13
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have started in san francisco that want to find space, vehicles, tools, and everybody in the sharing economy saying we can actually plan with you not wait for disaster to hit. >> reporter: hurricane sandy last winter was the wake-up call for new york. >> the oceans are warmer so we would expect more storms and we have to be ready for that and we have 450 miles of coastline in new york city. and we need a lot of technology to figure out how to protect from waves, from high water, from winds and that kind of thing. >> reporter: both mayors say they do need more help from technology leaders so the first part of that technology summit will be held in new york this fall. the second part of that summit will be here in san francisco early next year. in san francisco, linda yee, kpix 5. >> there are 600 san francisco- based technology companies that already work together to help solve city problems such as education and immigration issues. >>> i would never want to witness that again. >> restaurant customers and workers terrorized by masked gunmen. why bay area police say they couldn't respond to th
have started in san francisco that want to find space, vehicles, tools, and everybody in the sharing economy saying we can actually plan with you not wait for disaster to hit. >> reporter: hurricane sandy last winter was the wake-up call for new york. >> the oceans are warmer so we would expect more storms and we have to be ready for that and we have 450 miles of coastline in new york city. and we need a lot of technology to figure out how to protect from waves, from high water,...
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Jun 21, 2013
06/13
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bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in measured steps through the first half of next year. >> reporter: on wednesday, bernanke said a pullback on $85 billion worth of bond purchases made each month could begin by the end of this year. >> this is a natural correction we've been looking for. >> reporter: china is the world's second largest economy. it's work on its own issues. chinese banks are making it more difficult to lend cash. as credit tightens chinese consumers are spending less on goods from the west which weakens other economies in the process. the stimulus ending and china's slowing combination has inve
bernanke's announcement is good news when it comes to the economy. jeff glor is at the new york stock exchange. >> good morning to our viewers in the west. it was an anxious overnight for the markets after the dow lost yesterday and lost 560 points the past two days. the dow sunk to its lowest point this year. its biggest one day drop since november 2011. which comes on the heels of ben bernanke's announcement that the federal reserve is planning to slow its stimulus effort. >> in...
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Jun 19, 2013
06/13
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it's now estimated that they will pump $9 billion a year into the local economy. don knapp tells us why this tourism season expected to be one of the most lucrative ever. >> reporter: there are many ways to look at the tourism impact on san francisco. one way is to come to union square and look at all tourists from all around the world. they are spending a million dollars an hour. despite construction projects that bar their way and the biggest increase in the country in the cost of hotel rules, 11%, visit rooms are coming to san francisco on what's expected to be the busiest summer for tourism in recent years. these people are from italy. >> visiting this city because it's beautiful. it's fantastic. >> reporter: at moscone west, more than 1,000 travel industry professionals gathered to beat the drums for tourism claiming visitors to san francisco spend more than $24 million a day totaling $9 billion last year supporting 75,000 jobs. >> ladies and gentlemen, last year was just the beginning. >> reporter: while the number of visitors staying in hotels increased les
it's now estimated that they will pump $9 billion a year into the local economy. don knapp tells us why this tourism season expected to be one of the most lucrative ever. >> reporter: there are many ways to look at the tourism impact on san francisco. one way is to come to union square and look at all tourists from all around the world. they are spending a million dollars an hour. despite construction projects that bar their way and the biggest increase in the country in the cost of hotel...
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Jun 21, 2013
06/13
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after the federal reserve says it will scale back from its bond buying program later this year if the economy continues to improve. the sell-off wiped out almost two months of gains and is making some investors nervous. >> my heart sunk and i'm retired and i have my money left in that and i'm going, oh, please don't let me have to get a job in retirement because my money is gone. >> reporter: analysts say the feds pulling back is no surprise. they have to, or risk rising inflation. but it's a tricky dance. >> when we see the stock market pull back our 401(k) accounts don't look good in the next month, perhaps we won't make the consumer purchases we have been making, it may make people think twice about buying homes as interest and mortgage rates go up. it's a delicate balance. that's what the fed is trying to do right now. >> reporter: more volatility is expected ahead. still, some investors look at it as a time to buy stocks. >> as usual, these are the opportunities usually for the people who might have missed out on some of the rallies, not jumping in with both feet but stay rational and lo
after the federal reserve says it will scale back from its bond buying program later this year if the economy continues to improve. the sell-off wiped out almost two months of gains and is making some investors nervous. >> my heart sunk and i'm retired and i have my money left in that and i'm going, oh, please don't let me have to get a job in retirement because my money is gone. >> reporter: analysts say the feds pulling back is no surprise. they have to, or risk rising inflation....
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Jun 21, 2013
06/13
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investors are worried whether the economy can continue its recovery without help from the federal reserve. on wednesday fed chief ben bernanke hinted that the central bank will begin to scale back its stimulus program this year ending a long stretch of extremely low interest rates. those fears coupled with more data pointing to weakness in china sent stocks plunging. the dow was down 353 points the biggest drop in two years. the nasdaq was down 78. >>> the housing market continues to gain ground. sales of previously owned hopes are at the highest level in four years. the average home price is now going for $208,000. >>> and the popular photo sharing app instagram is adding video. the company owned by facebook will let users record 15 second clips and adjust the colors and contrast. facebook is trying to compete with twitter's video share app called vine. i love how you can change the color and contrast and make any pick look great? >> i know. i can make myself look ten pounds lighter. >> reporter: we all love it. >> let's talk yahoo now. apparently they have a new acquisition. >> reporter
investors are worried whether the economy can continue its recovery without help from the federal reserve. on wednesday fed chief ben bernanke hinted that the central bank will begin to scale back its stimulus program this year ending a long stretch of extremely low interest rates. those fears coupled with more data pointing to weakness in china sent stocks plunging. the dow was down 353 points the biggest drop in two years. the nasdaq was down 78. >>> the housing market continues to...
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Jun 17, 2013
06/13
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it's everyday reinvesting for your personal economy. >> simon: every once in a while, a team comes along that stands out in professional sports not just for its victories, but for the beauty with which it plays the game. barcelona's football club-- barca, as it's known to fans around the world-- is just such a team. the secret? many point to its youth academy, which recruits boys often no more than seven years old, gives them a rigorous education and teaches them barca's unique style. in some matches this season, all 11 players on the field were graduates of the football academy. since we first reported this story in january, barca suffered a few setbacks; barca's coach had a relapse of cancer which kept him from the field for months, and the team endured a devastating defeat in world's most prestigious club tournament, the champion's league. but fans certainly aren't writing barca off; they remain some of the most dedicated in the world. it's the biggest day of the year at camp nou, barcelona's iconic stadium-- the match, barca versus real madrid, called "el clasico." john carlin, who w
it's everyday reinvesting for your personal economy. >> simon: every once in a while, a team comes along that stands out in professional sports not just for its victories, but for the beauty with which it plays the game. barcelona's football club-- barca, as it's known to fans around the world-- is just such a team. the secret? many point to its youth academy, which recruits boys often no more than seven years old, gives them a rigorous education and teaches them barca's unique style. in...
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Jun 20, 2013
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>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more soothsing because inflation remains very low and he could have had an out by saying the sequester means the government is not helping the recovery out. >> the reason the average consumer should be interested in this is because it affected interest rates. >> it already has. we've already probably seen the lows in mortgage rates for the time being. so yes, that's the most immediate impact. >> the idea behind it on terms of what bernanke had said was he wanted to use the fed to reduce unemployment levels. >> that's right. >> did it work? >> well, it has worked. in the sense th
>> do you think they're overestimating the strength of the economy? >> it's hard to say. there is very good evidence because the housing market has gotten some momentum. the auto sector is doing well. weep we've had steady if not strong gains in jobs. there was also a perception, a the fed is often kind of overestimated how strong the economy is going to be in the past couple of years. and also there was sort of a sense that ben bernanke the chairman, had an opening to be much more...
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Jun 19, 2013
06/13
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now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states illegally? >> reporter: the central tension to watch in this bill is between getting those undocumented workers passed towards citizen-and what house conservatives and all conservatives worry about, which is strong enforcement to keep illegal immigrants from coming into the country. that's what this bill aims to do. and as we see, the larger bill go through, the question is will those strict house measures kill a final comprehensive immigration reform or will the republicans find a way to work some of them into this bill so that it can pass? >> i want to turn now to hillary cli
now they can make an economic case that it's actually good for the economy. and critics, though, of this have seen a kind of push to get this bill rammed through. and so a lot of conservatives think that cbo is kind of tweaking the numbers here. they don't believe this will be good for the economy at all. >> john, what does it portend for the future of the immigration bill in the house when a key committee just passed a bill that would make it a federal crime to be in the united states...